
🏄VC 23 IPOs🤠 Zoom 1st Seed; Formative catalyst @BitfuryGroup @Canva; seed @AlgenBiotech @Tweetdeck🌱 Founding Chair @Hut8corp @IPInfusion @TreasureData
United States
Joined March 2007
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Start From Zero. The Best Idea Wins. All or Nothing. No Room for Ego.
At Hut 8, our values define how we operate, guide how we grow, and reflect who we aspire to be. They set the standard for the environment we’re building: one where talented, purpose-driven individuals can do the most meaningful and impactful work of their careers.
View open positions at hut8.com/careers/open-positi…
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Two years ago, River Bend was a piece of land in West Feliciana Parish, and the idea of building an AI data center campus there was one most people did not take seriously. As CEO @ashergenoot said at River Bend: First Look earlier this month, “Many laughed us out the door when we told them about our vision. Look at where we are today.” Today, more than 1,000 people are on site every day making that vision a reality.
Thank you to @LAGovJeffLandry, @LEDLouisiana, and West Feliciana Parish for standing with us when others did not, and to our partners at @AnthropicAI, @Broadcom, @Entergy, @Vertiv and Jacobs. We are committed to building River Bend responsibly, alongside the community that calls this place home.
Bill Tai retweeted
🚨 $HUT HIGHRISE AI HIRES NEW VP TO SCALE GPU FLEET TO 20,000+!
Hut 8's wholly owned neocloud subsidiary, Highrise AI, has hired Erik Grundstrom as VP of AI Infrastructure to help lead its massive GPU expansion.
Erik brings over 25 years of infrastructure experience, including leadership roles at:
🔹 Core42: VP, AI Platform Infrastructure
🔹 Applied Digital ($APLD): VP, HPC Infrastructure
🔹 Supermicro ($SMCI): Director, Field Applications Engineering & Business Development
The timing isn't a coincidence. Hut 8 is developing a $500 MILLION, 50 MW AI data center in Batavia, Illinois, with plans to deploy approximately 20,000 NVIDIA GPUs for Highrise AI. And the project has been making significant progress.
Batavia city officials recently confirmed that the development has completed ALL power and grid approvals, clearing a major hurdle toward bringing the facility online.
bataviail.gov/page/batavia-d…
Connect the dots. Hut 8 is clearing the hurdles, building the infrastructure, and assembling the team to scale Highrise AI into a major player in the GPU cloud market.
highrise.ai
🚨HUT 8'S NEXT DATA CENTER PROJECT IS UNDER DEVELOPMENT!
$HUT is building a $500M, 50MW AI/HPC data center in Batavia, IL!!! 🤯
Unlike their River Bend and Beacon Point campuses, which are backed by long-term contracts with third parties, Anthropic and an undisclosed hyperscaler, Batavia is being built for Hut 8’s wholly owned neocloud platform, Highrise AI.
highrise.ai
This campus is expected to house their 20,000 new GPUs.
bataviail.gov/page/batavia-d…
archive.ph/Bo9wv
batavia5thward.blog/2026/03/…
This is so sad to see. I can remember coming to France in the late 80's / early 90's and ity was a "bastion of curated civilization". The strife there and seemingly insurmountable sociatal and governmental structural issues is truly disheartening. The death by a thousand cuts - of a beautiful culture and society - has happened in our lifetime.
Une vendeuse qui fuit sa propre boutique. À Lyon. En France. En 2026.
Oui, au bout d'un moment, il faut blâmer les abrutis qui brandissent un drapeau palestinien ou algérien pour des causes dont ils n'ont absolument rien à foutre, et qui s'en servent comme d'un permis de piller. Ils sont responsables de leurs actes. Point.
Mais si on s'arrête là, on n'a rien compris. Ces gamins ne sont pas tombés du ciel. Ils sont le produit d'un système. Ce système a des architectes, et ces architectes ont des idées. Il va falloir demander des comptes à tous ceux qui ont créé les conditions de ce chaos, et aux idées qui l'ont rendu possible.
Marc Andreessen les a nommées dans son manifeste techno-optimiste. Ce sont nos ennemis.
Le collectivisme, l'étatisme, la planification centrale, le socialisme.
La bureaucratie, la vétocratie, la gérontocratie.
La haine du mérite, de l'ambition, de l'effort, de la réussite, de la grandeur.
La corruption, la capture réglementaire, les rentes et ceux qui en vivent.
Des institutions qui furent jeunes, ardentes, en quête de vérité, et qui aujourd'hui sont compromises, rongées, en train de s'effondrer.
La tour d'ivoire, et l'expert diplômé qui sait tout mieux que vous et ne paie jamais pour ses erreurs.
Le contrôle de la parole et le contrôle de la pensée.
La stagnation, la décroissance, ce nihilisme si chic chez nos élites qui rêve de moins d'énergie, moins d'enfants, moins d'ambition, moins de vie.
Et au fond de tout ça, le Dernier Homme de Nietzsche : celui qui ne veut plus rien bâtir, plus rien défendre, plus rien transmettre. Juste être tranquille.
Quand on désarme moralement un pays, qu'on apprend à sa jeunesse à mépriser ce qu'elle a reçu, qu'on remplace la transmission par la repentance, l'autorité par l'excuse et le travail par le guichet, on ne fabrique pas des citoyens. On fabrique des pillards. Et des vendeuses qui s'enfuient.
Ces idées ont été théorisées dans les années 80 par Mitterrand et par Attali. Elles sont aujourd'hui incarnées par Macron. Quarante ans. La même pente. Le même résultat.
Il va falloir prendre enfin la leçon du gauchisme et du socialisme, parce qu'elle est toujours la même, partout, à chaque siècle. Ils promettent l'égalité et livrent le chaos. Ils promettent la protection et livrent la peur. Ils promettent la paix sociale et livrent une commerçante qui court pour sauver sa peau dans son propre magasin.
Si on n'est pas capable d'apprendre de l'histoire, on mérite notre sort. Et on méritera ce qui vient toujours après le chaos : le totalitarisme, et ses millions de morts. Le XXe siècle nous l'a écrit en lettres de sang. Nous n'avons aucune excuse. Nous savons.
Raymond Aron l'avait dit : « L'histoire est tragique. »
Ceux qui l'oublient ne s'en protègent pas. Ils finissent simplement par la subir.
Alors choisissez votre camp. Celui de ceux qui excusent, qui expliquent, qui regardent ailleurs.
Ou celui de ceux qui construisent, qui travaillent, qui créent, qui transmettent, et qui refusent de laisser ce pays devenir un endroit où l'on fuit sa propre boutique.
La France n'est pas condamnée. Mais elle ne se sauvera pas toute seule.
Bill Tai retweeted
On my way to the office this morning, I passed a group of young people protesting, a Palestinian flag draped over their shoulders.
And I asked myself a question I can't shake: why does this generation always fall into the same trap? No matter the history. No matter the context. Even the ones from wealthy families, who went to the best schools, who were dealt every good card. Always the same trap.
I don't think it's stupidity. I think it's a mechanism. And a mechanism can be taken apart, piece by piece.
A. The observation: everything the state touches becomes unaffordable.
Look at economist Mark Perry's famous chart, the one people call "the chart of the century." It tracks US prices since 2000.
At the top, what explodes: hospital services, college tuition, textbooks, childcare, housing. Increases of +100%, +150%, up to +250%, far above general inflation.
At the bottom, what collapses: TVs, software, phones, toys, clothing. A TV today costs a fraction of what it did in 2000, for an infinitely better product.
Look at what separates the two groups. It isn't technology. It isn't complexity. It's one variable: how much the state is involved.
At the top, sectors that are subsidized, regulated, shielded from competition, where the state funds demand and blocks supply. At the bottom, sectors where companies fight every single morning to serve you better and cheaper.
B. The mechanism: why it's systematic.
When the state subsidizes demand without freeing supply, prices rise. Every time. Guaranteed student loans, and universities raise tuition. Housing aid plus blocked building permits, and rents skyrocket. Administered healthcare, and bureaucracy eats the budget before it ever reaches the patient.
In France it's even more vicious, because the price doesn't disappear: it hides. You never see the hospital bill, you pay it through payroll contributions. You never see the cost of school, you pay it through taxes. Public spending at 57% of GDP, one of the heaviest tax burdens in the world, more than €3.4 trillion in debt. And the result? Overflowing ERs, falling PISA scores, young people who can't afford to live in the city where they work.
The market didn't fail in these sectors. It was never allowed in.
C. Suffering demands a culprit.
A 22-year-old lives all of this in their bones. They can't find a place to live. Their degree either buries them in debt or opens no doors. The future feels blocked. That suffering is real, and I don't deny it for a second.
But human beings can't stand suffering without a culprit. They need a face. A scapegoat.
And this is where everything is decided: who taught them how to read the world?
D. Whoever tells the story picks the villain.
Schools are public. Universities are public. Culture runs on grants. Film goes through funding committees. Public broadcasting shapes the narratives. The people handing down the interpretive framework are, overwhelmingly, paid by the very system that creates the problem.
Do you really think that system is going to name itself as the culprit?
No. It names the capitalist. The boss. The landlord. "The rich." The multinational. The commercial West. Same role, same casting, every time.
E. One lens, a thousand causes.
And this brings me back to that flag. A generation taught to read every situation through a single lens, oppressor on one side, rich, Western, capitalist, oppressed on the other, will apply that lens everywhere. To housing. To climate. To conflicts on the other side of the world. The cause changes, the lens stays. That's why the trap is always the same: it's not the cause that draws them in, it's the way of thinking that was installed in them.
F. The perfect inversion.
Here's the irony. Capitalism is the force that drove down the price of almost everything it touched. The state is the force that blew up the price of almost everything it captured. And young people blame the first for the crimes of the second.
It's like blaming the firefighter for the fire because you saw him at the scene.
G. The ballot box confirms it.
In the US, a few weeks out from the midterms, a large share of urban young voters is getting ready to vote Democrat for more state, more spending, more regulation. New York elected a self-described socialist mayor, carried by young voters, on promises of rent freezes and city-run grocery stores. Rent freezes, the policy that has made housing scarcer everywhere it's been tried. The cure that worsens the disease.
In France, it's the same play in two acts. Part of the youth votes for the radical left, which promises more state. Another part votes for the center, which promises to "manage" the state well, and has dug the debt deeper than ever. Two different ballots, one shared assumption: the problem is the market, the solution is the state.
H. The way out.
These young people aren't stupid. They're right to be angry. They're just aiming at the wrong target.
The day they understand that their rent, their tuition and their hospital are expensive precisely because the state runs them, their anger will change direction. They'll stop protesting against those who create. They'll start protesting against those who capture.
That day, the greatest intellectual scam of our time will be over.
Bill Tai retweeted
TSMC $TSM Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $46.72B (Est. $44.93B) 🟢; +41.2% YoY
🔹 EPS: $4.60 (Est. $4.48) 🟢; per ADR
🔹 Gross Margin: 66.4% (Est. 66.3%) 🟡
🔹 Oper Margin: 58.7% (Est. 57.7%) 🟢
🔹 Net Income: NT$763.06B (Est. NT$737.9B) 🟢
🔹 Net Profit Margin: 51.1%
Revenue by Platform:
🔹 HPC: 68%; +22% QoQ
🔹 Smartphone: 21%; +10% QoQ
🔹 IoT: 4%; +5% QoQ
🔹 Automotive: 4%; +23% QoQ
🔹 DCE: 1%; -12% QoQ
🔹 Others: 2%; -10% QoQ
Technology Mix (Wafer Revenue):
🔹 2nm: 8%
🔹 3nm: 33%
🔹 5nm: 28%
🔹 7nm: 10%
🔹 7nm and below: 79%
Other Q3 Metrics:
🔹 Wafer Shipments: 4,476 Kpcs; +9.6% YoY
🔹 North America: 79% of revenue
🔹 ROE: 45.5%
🔹 OpEx: 7.8% of revenue
🔹 Inventory Days: 82; -5 days QoQ
🔹 CapEx: $13.84B; $40.64B YTD
🔹 Free Cash Flow: NT$476.56B
Key Updates:
🔸 Gross margin was 1.3 ppts lower than 2Q26, primarily due to the margin dilution from the initial ramp-up of N2 technology.
🔸 Non-operating items were a gain of NT$34.59B, vs NT$95.83B in 2Q26, which included disposal and mark-to-market gains on VIS shares.
🔸 Diluted EPS NT$29.43 (+68.7% YoY); revenue NT$1,494.24B (+50.9% YoY)
Bill Tai retweeted
Notes from Bill Tai's session on spotting exceptional founders at #TechCrunchDisrupt2026 @TechCrunch @KiteVC
His core idea is that great startups need two things: the right founder and the right market timing. 🧵
Solid objective commentary on @zoom share price : $ZM
source @SeekingAlpha : seekingalpha.com/article/495…
Fantastic @shengkunye ! Go MONID.AI
🌊 Honored to be a part of this journey!
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Bill Tai retweeted
GPU rental prices are rising across every generation, with Nebius raising H100 prices by 17% and B300 prices by 21%.
$NBIS $CRWV $NVDA
io-fund.com/ai-stocks/nebius…
🇺🇸 💪🏻 🇺🇸 💪🏾🇺🇸 💪🏻 🇺🇸 💪🏾 🇺🇸
The team at @Hut8Corp , led by CEO @ashergenoot is laying a foundation for a next generation economy and lighting up jobs - everywhere we go!
🇺🇸 💪🏻 🇺🇸 💪🏾🇺🇸 💪🏻 🇺🇸 💪🏾 🇺🇸
Just got a tour of the Hut 8 site out in West Feliciana Parish. This means more jobs and more prosperity for our State.
I’ll be joining @FoxBusiness at 2:20pm to discuss! Tune in!
Bill Tai retweeted
One thing we’ve always tried to do at $Hut 8 is be transparent with our investor community, especially when the economics of something aren’t obvious from a filing.
So I wanted to share some additional context on Mike Ho’s recent transaction.
Mike did not sell 1.5M shares in the open market. In fact, Mike has not sold any shares since we started the company.
Some context on the structure 👇
DYAD raises $9.5M to automate unstructured clinical data across NHS and global markets
@CarbideVentures @SanghaCapital @ACTAIVentures
app.dealroom.co/news/feed/dy…
DYAD's AI system, GENIE, converts clinical document information into structured patient record data, actionble by agentic systems. In primary care, GENIE powers BetterLetter, a clinical coding platform used by hundreds of group practices and growing rapidly. BetterLetter addresses the £300m annual burden of unstructured data transfer between secondary care and primary care.
soapbox.vc/feed/dyad-series-…
Dyad raises $10m in Series A funding round healthinvestor.co.uk/dyad-ra… #healthcare @SanghaCapital @KiteVC @CarbideVentures
Hut 8 has closed a $1.07 billion four-year senior secured revolving credit facility, expanding our funding capacity across the development lifecycle as we continue to pursue an investment-grade corporate profile.
The facility provides committed, non-dilutive liquidity for interim working capital needs, preserves flexibility in the timing and structure of long-term financing, and includes a $1.07 billion letter-of-credit sublimit that helps reduce the need to post cash collateral for site development.
Read the full release: hut8.com/news-insights/press…
Bill Tai retweeted
Dyad raises $10m in Series A funding round healthinvestor.co.uk/dyad-ra… #healthcare @SanghaCapital @KiteVC @CarbideVentures
Bill Tai retweeted
$HUT S&P just published a new Research Update on @Hut8Corp River Bend campus, reaffirming its BBB− investment-grade rating with a Positive Outlook.
River Bend was the first single-sponsor data center project to access the investment-grade construction bond market, financing 245 MW of AI infrastructure without recourse to Hut 8 or dilution to shareholders.
spglobal.com/ratings/en/regu…
$HUT Construction on Hut 8's gigawatt-scale AI data center campus in West Feliciana Parish, Louisiana is really starting to take off.
River Bend’s initial phase will deliver 245 MW of AI data center capacity, anchored by a 15-year, $7 billion lease with Fluidstack to support Anthropic’s next-generation AI workloads.
Anthropic has a Right of First Offer for the additional 1 GW of IT capacity at River Bend . *wink wink*
Bill Tai retweeted
Very excited to announce this deal. We have been advocating for locations in west Texas for a long time. The latest incorrect thinking from traditional incumbents is that these data centers are a one-time thing in a historically frothy market and that they will not have use at the end of the leases as tenants seek to return to today's "Tier 1" locations. Well, we just debunked that myth by signing a lease that starts 10 years forward, and we are projecting a strong ROI on our upfront equity investment. Everyone needs to upgrade their terminal value assumptions. Texas data centers will trade at a premium to the rest of the market in the future and be the new "Tier 1". $CIFR
Cipher Digital Expands Barber Lake Lease Term to 20 Years, Increasing Revenue to Over $9 Billion
· Additional 10-year term adds ~$5.2 billion of contracted revenue at Barber Lake
· In connection with change orders and continued evolution of the tenant’s design, the lease amendment establishes a phased delivery schedule for the site, with individual data halls expected to be delivered between Q4 2026 and Q1 2027
· Cipher remains on track with the revised delivery schedule
“Extending Barber Lake’s contracted life reflects the enduring value of the infrastructure we're building,” said Tyler Page, CEO. “Barber Lake was designed as a long-lived, mission-critical asset, and securing a firm commitment that extends well beyond the original lease term demonstrates the long-term utility and strategic relevance of the campus, as well as the durability of demand for hyperscale computing capacity.”
Read the full press release here: investors.cipherdigital.com/…
As demand for AI continues to surge, the challenge of building and scaling energy and compute infrastructure remains a central question for policy, capital allocation, and long-term competitiveness.
Hut 8 CEO @ashergenoot will join John Bash for a closing keynote conversation at @Reuters Momentum AI in Austin. Together, they will discuss what it will take for Texas and the United States to lead in the AI era, from building AI infrastructure and securing critical systems to forging effective public-private partnerships.






























